Local Bank Of America (2024)

FAQs

What Bank is connected to Bank of America? ›

Bank of America Corporation affiliates include all entities that utilize the Bank of America, Banc of America, Bank of America Private Bank, U.S. Trust, Merrill and BofA Securities brand names.

(800) 432-1000

Bank of America / Customer service

Bank of America is still called Bank of America, and the company's full name is Bank of America Corporation. The modern Bank of America Corporation was formed when BankAmerica was acquired by Nations Bank in 1998, though parts of the company date back over 200 years.

Whatever your needs, a Bank of America financial center with walk-up ATM in New York can help. Make an appointment to speak with one of our specialists or take advantage of the many banking services our ATMs have to offer.

The bank was founded by the merger of NationsBank and Bank of America in 1998. It is the second-largest banking institution in the United States and the second-largest bank in the world by market capitalization, both after JPMorgan Chase. Bank of America is one of the Big Four banking institutions of the United States.

Overall, Bank of America appears to be in a relatively healthy financial position and is not currently in imminent danger of collapse. However, as with any financial institution, there are always risks involved, and customers and investors should always monitor the bank's financial health and risk profile.

Bank of America Help on X: "@HermH Please call 1-800-933-6262 to speak with Online Banking Tech Support directly.

“$5,000 is okay, but if you withdraw more than $10,000, the transaction will be reported to the IRS and at least one other government agency,” Bakke said. “You will also normally be required to fill out Form 8300.

Bank of America is owned by Bank of America Corporation, a U.S.-based financial services holding company headquartered in Charlotte, North Carolina.

Is Bank of America having problems right now? ›

Current Status: Up

Here's the apdex score for Bank of America. Good! Note : The above data is collected from Site24x7 website monitoring and may differ from crowd sourced down reports.

Based on our research on more than 100 traditional and online banks and credit unions, we give Bank of America 4 out of 5 stars overall. It earns points for its extensive branch network and solid mobile app and online platform, but loses points for offering lower interest rates than its competitors on deposit accounts.

What bank operates in all 50 states? No bank currently operates a branch location in all 50 states, though several of the nation's largest institutions come close.

Examples of ATM withdrawal limits at well-known banks

Bank of America: The maximum daily withdrawal amount using an ATM is $1,000 and cannot exceed 60 bills in one transaction. The limit is $800 for ATM withdrawals set up in advance using the bank's mobile app.

How Much Can You Withdraw From an ATM Each Day? Cash withdrawal limits tend to be somewhere between $300 and $1,500 per day, says Ken Justice, head of ATMs at PNC Bank, although the exact amount varies by bank. "These limits are typically set for security reasons and to protect customer accounts," he says.

On November 1, 1930, the Bank of Italy in San Francisco changed its name to Bank of America. The bank today has the same national bank charter number as Giannini's old bank— #13044. When A.P. Giannini died in 1949, the former single-teller office in North Beach claimed more than 500 branches and $6 billion in assets.

Credit Bureau used by Bank of America

Bank of America primarily uses Experian reporting data, though it pulls Transunion reports in some states.

Key Financial Relationships: Bank of America and Wells Fargo Bank of America and Wells Fargo are separate banks, however; both of these institutions share many similarities when reporting their financial statements.